The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Hydrogen Utopia International PLC
(the "Company" or "HUI")
HUI Selects Honeywell Technologies for SAF
Project
Agreement supports planned conversion of synthesis gas derived from non-recyclable plastic waste into sustainable aviation fuel and other lower-carbon fuels
Hydrogen Utopia International PLC (LSE: HUI), a waste-to-fuels and hydrogen company focused on turning difficult-to-recycle waste into valuable low-carbon products, announced that its subsidiary, HUI Advanced Fuels Limited (HAF), has selected Honeywell Technologies to provide licensing and process technologies for its planned sustainable aviation fuel (SAF) facility in northeast England.
Using Honeywell Technologies UOP’s FT Unicracking™ technology and Syngas Pretreatment System, featuring SeparALL™ technology, the planned facility is expected to convert synthesis gas derived from waste plastics into SAF and other valuable low-carbon fuels. Together, these established technologies provide the project with a pathway from feedstock derived from household waste, or household-like waste, having all recyclable portions removed, to finished SAF.
The agreement follows HAF’s previously announced license from InEnTec and an indicative eligibility review received Sept. 1, 2026, in connection with its application to the U.K. Department for Transport’s Low Carbon Fuels Fund.
HUI will now move on to the next stages of the project, including front-end engineering, final site selection, permitting, feedstock offtake and utility arrangements, and the pursuit of project funding. The objective is to establish the technical, commercial and financial basis required for a final investment decision by the board of directors of HUI.
Duncan Snelling, CEO of HUI Advanced Fuels Limited, said: “Selecting Honeywell Technologies UOP process solutions for our planned U.K. SAF facility is an important step in the project’s development and provides an established route for key process steps, providing surety to lenders, investors, off-takers and strategic partners. With Honeywell Technologies UOP as our technology licensor, we are able to strengthen the technical foundations of the project by drawing on its extensive experience in refining and advanced fuels. We look forward to working with Honeywell Technologies as we progress through the development and engineering, procurement and construction phases of the project.”
-Ends-
Hydrogen Utopia International PLC
Aleksandra Binkowska
+44 7880 770880
Alfred Henry Corporate Finance Limited (LSE Corporate Adviser)
Nick Michaels/Maya Klein Wassink
+44 20 8064 4056
AlbR Capital Limited (Broker)
Jon Belliss/Colin Rowbury
+44 20 7399 9400
About Hydrogen Utopia International PLC
HUI aims to become one of the leading new companies specialising in converting non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat.
A HUI facility uses non-recyclable mixed waste plastic as feedstock and turns it into syngas from which new products and energy can be produced. HUI anticipates that its revenues will be derived from a variety of sources, dependent upon location and configuration of the HUI facilities, including the sale of syngas, hydrogen and other gases, electricity and heat sales, and the payment to it of fees for a given quantity of non-recyclable mixed waste plastic received at a HUI facility.
HUI will target areas where there is significant private sector interest or potential, financial backing is accessible and or where substantial government funded sources of grants and loans are or may be available. The global increase in fossil fuel-based energy prices reinforces the need for alternative, price competitive energy sources, which HUI's business model can provide.